What was Frédéric Passy's central theory on peace?
My central conviction rests on the idea that true and lasting peace is inextricably linked to economic prosperity and mutual understanding. I argued that the free exchange of goods and ideas fosters interdependence, making war not only morally reprehensible but also economically ruinous for all parties involved. This 'system of equilibrium,' as I termed it, relies on the recognition of shared interests and the establishment of rational mechanisms, such as international arbitration, to resolve disputes.
Ask Frédéric Passy the follow-up →